497 Leigh Avenue
San Jose, CA 95128
Sq. Feet 6,098
Marcus and Millichap is please to present the opportunity to acquire 2070 Radio Avenue, a 28-unit apartment building located on the south end of the exclusive Willow Glen neighborhood of San Jose, in the heart of "The Capital of Sillicon Valley."
Silicon Valley is home to many high tech employers, including Apple, Google, Cisco, and Oracle. 2070 Radio Avenue offers an extremely attractive choice for Silicon Valley renters with an abundance of retail, dining, entertainment, and cultural destinations in the beautiful Downtown Willow Glen. Built in 1965, the property consists of 19,842 square-feet of livable space situated on a 29,416 square-foot lot. The Subject property consists of (21) One-Bedroom/One-Bathroom units, (5) Two-Bedoom/One-Bathroom Units, and (2) Studio Units.
Community features include a swimming pool, on-site laundry facility and covered carports. 2070 Radio Avenue is located less than one mile from Downtown Willow Glen. WIllow Glen is home to some of the most beloved restaurants in San Jose. Furthermore, the property is conveniently located less than one mile from both Willow Glen High School and Willow Glen Middle School. This opportunity offers investors a chance to own in the heart of the Silicon Valley yet tucked away in one of the most desirable neighborhoods in the Bay Area.
Cap Rate: 2.98% NOI: $272,603 Livable Sq. Ft: 19,000
Built in 1965 28 units Lot Sq. Ft: 0.66 Acres